Many individuals own mutual funds today. To a large extent, mutual funds are the investment vehicle for the majority of households in the India.

In the introductory chapter, I have consider the role of mutual fund in today’s investing environment, learn just how popular mutual funds have become and consider why investors have chosen to put so much money into funds. Clearly, mutual funds are a major financial asset for numerous investors, and in many ways they play the dominant role in today’s investing world for millions of households.

I have mainly focused up on the study that which company’s mutual investments are mostly preferable by investors. Today investors are becoming rational & they see all the parameters before investing. The overall objective of my study on this project is to know which company provides better investment opportunities (from HDFC & ICICI) and make the investors to be able to take better decisions .Of course, as every study needs, I’d adopted an objective view of overall situation that examines both sides of the issue in HDFC & ICICI.

INTRODUCTION

What is mean by mutual fund?

Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge. Mutual funds are investment companies regulated by the Investment Company Act of 1940.

HDFC Asset Management Company Ltd (AMC)

HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.

YOU MAY ALSO FIND THESE DOCUMENTS HELPFUL

... - Introduction
- Literature review
- Purpose of the study
- Objectives
EXECUTIVE SUMMARY
UTI securities ltd. (UTISEL) has been working as an independent professional entity for providing financial intermediary and advisory services to corporate institutional and retail clientele. This project emphasis on, “The Performance of MutualFunds with reference to Risk and Returns”, conducted at UTI Securities Ltd. In this project I have analyzed the MutualFunds Schemes, particularly the Equity Diversified open ended (growth) schemes and evaluated the returns and the risk associated with those schemes.
OBJECTIVES OF THE STUDY
❖ To know the performance of MutualFund of different companies.
❖ To evaluate the returns and the risk associated with mutualfunds.
❖ To evaluate the investment performance of mutualfunds with risk adjustment, by using the theoretical parameters as suggested by William. Sharpe, Treynor and Jensen.
LIMITATIONS:
Not single work is an exception to the limitations every work has got its limitations. The data collection here in this project is strictly confined to the secondary sources. No primary data was associated with the project. Collecting historical NAV is very difficult. Selection of the schemes for...

...RETURN ANALYSIS AND COMPARATIVESTUDY OF MUTUALFUNDS”
FOR HDFC Asset Management Company Ltd.
A Report on Project work In MASTER OF BUSINESS ADMINISTRATION (MBA) By Somesh Behere
GUIDED BY: BY: PROF.GARGI NAIDU HOD ACADEMICS VIM BHOPAL
SUBMITTED
SOMESH BEHERE MBA IV Semester BHOPAL
VIDYASAGAR INSTITUTE OF MANAGEMENT BARKATULLAH UNIVERSITY BHOPAL(M.P.) SESSION (2008-2010)
BONOFIDE CERTIFICATE
This is to certify that the Report on Project Work titled “RISK RETURN ANALYSIS AND COMPARATIVESTUDY OF MUTUALFUNDS” for HDFC Asset Management Company Ltd. is a bonafide record of the work done by
Somesh Behere
studying in Master of Business Administration in Vidhyasagar Institute of Management ,Bhopal during the year 2008-10.
Project Viva-Voce held on.....................
Internal examiner
External examiner
EXECUTIVE SUMMARY
The performance evaluation of mutualfund is a vital matter of concern to the fund managers, investors, and researchers alike. The core competence of the company is to meet objectives and the needs of the investors and to provide optimum return for their risk. This study tries to find out the risk and return allied with the mutualfunds. This project paper is segmented into three sections to...

...returns analysis and comparativestudy of mutualfund.
COMPANY OVERVIEW:-
HDFC Asset Management Company Limited (AMC)
HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFCMutualFund by SEBI vide its letter dated July 3, 2000.
The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Back bay Reclamation, Church gate, Mumbai - 400 020.
In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset Management Company Limited to manage the MutualFund. The paid up capital of the AMC is Rs. 25.241 crore as on March 31, 2013.
The equity shareholding pattern of the AMC as on March 31, 2013 is as follows :
Particulars | % of the paid up equity capital |
Housing Development Finance Corporation Limited | 59.81 |
Standard Life Investments Limited | 39.87 |
Other Shareholders (shares issued on exercise of Stock Options) | 0.32 |
| |
Zurich Insurance Company (ZIC), the Sponsor of Zurich India MutualFund, following a review of its overall strategy, had decided to divest its Asset Management business in India. The AMC had entered into an agreement with ZIC to acquire the said...

...﻿Some facts of the growth of mutualfunds in India
•
100% growth in the last 6 years.
•
Numbers of foreign AMC’s are in the queue to enter the Indian markets like FidelityInvestments, US based, with over US$1trillion assets under management worldwide.
•
Our saving rate is over 23%, highest in the world. Only channelizing these savings inmutual funds sector is required.
•
We have approximately 29 mutualfunds which are much less than US having morethan 800. There is a big scope for expansion.
•
'B' and 'C' class cities are growing rapidly. Today most of the mutualfunds areconcentrating on the 'A' class cities. Soon they will find scope in the growing cities.
•
Mutualfund can penetrate rural areas like the Indian insurance industry with simple andlimited products.
•
SEBI allowing the MF's to launch commodity mutualfunds.
•
Emphasis on better corporate governance.
•
Trying to curb the late trading practices.
•
Introduction of Financial Planners who can provide need based advice.

FUTURE OF MUTUALFUNDS IN INDIA:
By December 2004, Indian mutualfund industry reached Rs.1, 50,537 crore. It isestimated that by 2010 March-end, the total assets of all scheduled commercial banksshould be Rs. 40, 90,000 crore. The annual composite rate...

...A
PROJECT REPORT
ON
COMPARATIVESTUDY OF MUTUALFUNDS WITH OTHER INVESTMENT ALTERNATIVES
Submitted To
Kurukshetra University, Kurukshetra in partial fulfillment for the Degree of “Master of Business Administration” (Session 2008-10)
Under the supervision of : Submitted by:
Dr. Pawan Kumar Anita
Faculty MBA Deptt. Roll No.8005
DIMT
Dronacharya Institute of Management &Technology
(Kurukshetra University, Kurukshetra)
ACKNOWLEDGEMENT
Any work of this magnitude requires the inputs, efforts and encouragement of people from all sides. In this project report I have been fortunate in having got the active co-operation of many people, whom I would like to thank.
It gives me a great pleasure to express my gratitude to D.I.M.T. faculty members or guiding me through his efforts at each and every step. I humbly submit that without is efforts this project would have not been conceptualized nor materialized.
I am highly obliged to Dr .M .L. Bansal Director (DIMT) and Dr. Pawan who provided me necessary heip in the completion of the project. Their able guidance and support helped me a lot.
(ANITA)
DECLARATION
I Anita, Roll No.8005 student of MBA (final) 0f Dronacharya Institute of Management & Technology, Kurukshetra here by, declared that the entire project entitled...

...inflation of 6%.
The cost of a "term" policy of Rs. 1 crore could be between Rs. 15,000 and Rs. 30,000 per year — or Rs. 1,500 to Rs. 2,500 per month, easily affordable. But agents find such policies unlikely to give them enough commissions, and they know that if they try, they can get the customer to pay Rs. 10,000 per month. A "ULIP" or an endowment plan with Rs. 10,000 per month as premium might give the buyer just Rs. 10-15 lakhs as insurance cover (typically 10x to 15x annual premium); a vastly inadequate sum compared to the 1 crore the person needs! But the seller persists and gets his way, largely because the customer has no idea how to work the metrics, and gets a feeling of happiness that there is some insurance and investment, when there really isn't.
In the longer term, I expect the tax-benefits of insurance to go away. There are two areas to this — first, insurance proceeds of any sort are tax free, even where the insurance cover is next to nothing and the product was primarily a product to save money. The second is a tax deduction on the amount invested every year, subject to an upper overall limit. Both are under threat in the longer term, as the government tries to find other means of raising revenue to meet increasing deficits. Additionally, it's untenable that long term savings of one nature — insurance or PF — are non-taxable, but buying long dated government bonds or (non-equity) mutualfunds makes you pay tax...

...International Journal of Business and Management
October, 2008
MutualFund vs. Life Insurance: Behavioral Analysis of Retail Investors
Dr. Bhagaban Das Senior Reader, P.G. Department of Business Management Fakir Mohan University, Vyasa Vihar-756019, Balasore, Orissa, India Tel: 91-94371-31429 E-mail: bhagaban_fm@yahoo.co.in
Ms. Sangeeta Mohanty Associate Professor, Academy of Business Administration Industrial Estate (S1/25), Angaragadia, Balasore – 756001, Orissa, India E-mail: sangeeta_mohanty@rediffmail.com Nikhil Chandra Shil (Corresponding Author) Senior Lecturer & Assistant Proctor, Department of Business Administration East West University, 43, Mohakhali Commercial Area, Dhaka – 1212, Bangladesh Tel: 88 02 9882308 Abstract During the post 1990 period, service sector in most of the Asian economies witnessed growth fueled by significant changes in their financial sector. India is now being ranked as one of the fastest growing economy of the world. During last one decade or so, role of Indian insurance and mutualfund industry as a significant financial service in financial market has really been noteworthy. In fact since 1992, a number of research studies have underlined the importance of these two in the Indian capital market environment as important investment vehicles. But the existing ‘Behavioral Finance’ studies on factors influencing selection of mutual...

Study Tools

Company

Follow

{"hostname":"studymode.com","essaysImgCdnUrl":"\/\/images-study.netdna-ssl.com\/pi\/","useDefaultThumbs":true,"defaultThumbImgs":["\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_1.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_2.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_3.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_4.png","\/\/stm-study.netdna-ssl.com\/stm\/images\/placeholders\/default_paper_5.png"],"thumb_default_size":"160x220","thumb_ac_size":"80x110","isPayOrJoin":false,"essayUpload":false,"site_id":1,"autoComplete":false,"isPremiumCountry":false,"userCountryCode":"US","logPixelPath":"\/\/www.smhpix.com\/pixel.gif","tracking_url":"\/\/www.smhpix.com\/pixel.gif","cookies":{"unlimitedBanner":"off"},"essay":{"essayId":35074135,"categoryName":"Organizations","categoryParentId":"3","currentPage":1,"format":"text","pageMeta":{"text":{"startPage":1,"endPage":14,"pageRange":"1-14","totalPages":14}},"access":"premium","title":"Comparative Study Between the Mutual Fund of Hdfc and Icici","additionalIds":[17,58,9,7],"additional":["Literature","Business \u0026 Economy\/Industries","Entertainment","Education"],"loadedPages":{"html":[],"text":[1,2,3,4,5,6,7,8,9,10,11,12,13,14]}},"user":null,"canonicalUrl":"http:\/\/www.studymode.com\/essays\/Comparative-Study-Between-The-Mutual-Fund-770296.html","pagesPerLoad":50,"userType":"member_guest","ct":10,"ndocs":"1,500,000","pdocs":"6,000","cc":"10_PERCENT_1MO_AND_6MO","signUpUrl":"https:\/\/www.studymode.com\/signup\/","joinUrl":"https:\/\/www.studymode.com\/join","payPlanUrl":"\/checkout\/pay","upgradeUrl":"\/checkout\/upgrade","freeTrialUrl":"https:\/\/www.studymode.com\/signup\/?redirectUrl=https%3A%2F%2Fwww.studymode.com%2Fcheckout%2Fpay%2Ffree-trial\u0026bypassPaymentPage=1","showModal":"get-access","showModalUrl":"https:\/\/www.studymode.com\/signup\/?redirectUrl=https%3A%2F%2Fwww.studymode.com%2Fjoin","joinFreeUrl":"\/essays\/?newuser=1","siteId":1,"facebook":{"clientId":"306058689489023","version":"v2.9","language":"en_US"}}